New Lothrop Real Estate
The median home value in New Lothrop, MI is $111,900. This is lower than the county median home value of $119,200. The national median home value is $219,700. The average price of homes sold in New Lothrop, MI is $111,900. Approximately 58.07% of New Lothrop homes are owned, compared to 36.92% rented, while 5.02% are vacant. New Lothrop real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Lothrop real estate agent to arrange a tour today!
New Lothrop, Michigan has a population of 637. New Lothrop is more family-centric than the surrounding county with 30.94% of the households containing married families with children. The county average for households married with children is 28.91%.
The median household income in New Lothrop, Michigan is $47,396. The median household income for the surrounding county is $50,967 compared to the national median of $57,652. The median age of people living in New Lothrop is 38.2 years.
New Lothrop Weather
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 32.6 inches per year, with 38.9 inches of snow per year.